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Riot Platforms Inc. (NASDAQ:RIOT) is one of the 10 Stocks That Would Have Boosted Your Portfolios by Double Digits.

Riot Platforms extended its winning streak to a 6th consecutive day on Wednesday, climbing 13.53 percent to close at $16.11 apiece, after cashing in $102.3 million on gains from the sale of Bitcoins over the past five days.

This week alone, the company successfully disposed of 500 Bitcoins, successfully taking $34.87 million in fresh profits.

For illustration purposes only. Photo from Unsplash

For the first quarter of the year, Riot Platforms Inc. (NASDAQ:RIOT) was able to rake in $289.5 million in revenues, having sold 3,778 Bitcoins. It ended the quarter with 15,680 units, lower by 18 percent than 19,223 in the same period a year earlier.

Apart from the sale, Riot Platforms Inc. (NASDAQ:RIOT) also mirrored the broader market optimism, thanks to a two-week ceasefire between the US and Iran that pulled investors back into the market.

In other news, Riot Platforms Inc. (NASDAQ:RIOT) last week announced a 4 percent drop in Bitcoin production for the first quarter of the year, ending the period at only 1,473 versus 1,530 in the same period in 2025.

Average daily production stood at 16.4, also lower by 4 percent than the 17 average in the same quarter year-on-year.

While we acknowledge the potential of RIOT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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